ACTIVE

ALTERLINE

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Financial year 2025 · closed on 31/12/2025
Net result
85,7 k €
-50.2% YoY
Gross margin
210,6 k €
-23.5% YoY
Equity
974,8 k €
+9.6% YoY

What does ALTERLINE do?

ALTERLINE is a Private limited company incorporated in 2015. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Etterbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0578.846.807
Incorporation
23/01/2015
Legal form
Private limited company
Registered office
Chaussée de Wavre 870 box 10
1040 Etterbeek · BruxellesSee on map
Contributed capital
20 000,00 €
Latest accounts
31/12/2025
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021202020192018201720162015
Income statement
Gross margin210,6 k €275,3 k €488,5 k €319,4 k €122 k €167,4 k €243,6 k €109,3 k €172,1 k €23,5 k €90,1 k €
EBITDA199,4 k €245,7 k €452,1 k €309,6 k €121,6 k €167 k €242,8 k €108,8 k €171,6 k €23,3 k €89,4 k €
Operating result184,9 k €231,1 k €436,6 k €294,2 k €110,5 k €166,4 k €241 k €107,6 k €169,8 k €22,8 k €88,9 k €
Net result85,7 k €172,2 k €287,2 k €208,4 k €72,1 k €111,9 k €165 k €67,7 k €100,2 k €13,7 k €66,7 k €
Balance sheet
Equity974,8 k €889,2 k €949,7 k €662,6 k €576,8 k €504,7 k €392,8 k €250,3 k €182,5 k €82,3 k €68,7 k €
Total assets1,5 M €1,5 M €1,4 M €1,3 M €1 M €591,1 k €494,4 k €252,4 k €255,9 k €125 k €116,3 k €
Cash750,7 k €592,2 k €618,2 k €519,4 k €414,4 k €525 k €436,1 k €164,3 k €182,2 k €116 k €80,4 k €
Debts497,1 k €584,5 k €491,9 k €607,1 k €442,8 k €86,3 k €100,9 k €2,1 k €73,4 k €42,6 k €47,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

STEPHANE POELLAER

Director

Active

Ended mandates

STEPHANE POELLAER

Manager · since 27 janvier 2015

Ended
STEPHANE POELLAER

Manager · since 23 janvier 2015

Ended
STEPHANE POELLAER

Manager

Ended
At this address

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0863.703.539
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1032.108.407
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date30/08/202622/08/202528/08/202424/08/202325/08/202224/08/2021
General meeting30/06/202630/06/202530/06/202430/06/202330/06/202230/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202630/08/2026FrenchPDF
Micro model31/12/202430/06/202522/08/2025FrenchPDF
Micro model31/12/202330/06/202428/08/2024FrenchPDF
Micro model31/12/202230/06/202324/08/2023FrenchPDF
Micro model31/12/202130/06/202225/08/2022FrenchPDF
Micro model31/12/202030/06/202124/08/2021FrenchPDF
Micro model31/12/201930/06/202027/10/2020FrenchPDF
Micro model31/12/201830/06/201928/08/2019FrenchPDF
Micro model31/12/201730/06/201827/08/2018FrenchPDF
Abridged model31/12/201630/06/201730/08/2017FrenchPDF
Abridged model31/12/201530/06/201630/08/2016FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

STEPHANE POELLAER

Director

Active

Ended mandates

STEPHANE POELLAER

Manager · since 27 janvier 2015

Ended
STEPHANE POELLAER

Manager · since 23 janvier 2015

Ended
STEPHANE POELLAER

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/06/2025
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - MODIFICATION FORME JURIDIQUE
    PDF
  • Registered office31/03/2017
    SIEGE SOCIAL
    PDF
  • Other27/01/2015
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202585,7 k €↓
  2. 2024
    Annual accounts 2024172,2 k €↓
  3. 2023
    Annual accounts 2023287,2 k €↑
  4. 2022
    Annual accounts 2022208,4 k €↑
  5. 2021
    Annual accounts 202172,1 k €↓
  6. 2020
    Annual accounts 2020111,9 k €↓
  7. 2019
    Annual accounts 2019165 k €↑
  8. 2018
    Annual accounts 201867,7 k €↓
  9. 2017
    Annual accounts 2017100,2 k €↑
  10. 2016
    Annual accounts 201613,7 k €↓
  11. 2015
    Annual accounts 201566,7 k €
  12. 23/01/2015
    IncorporationPrivate limited company